Family investment fund eligibility permits flexible IFSC structures while requiring identifiable trust interests and a minimum investment threshold. Family Investment Funds in an IFSC may be established as companies, limited liability partnerships, contributory trusts, or other permitted forms. ... Summary
Family investment fund eligibility permits flexible IFSC structures while requiring identifiable trust interests and a minimum investment threshold.
Family Investment Funds in an IFSC may be established as companies, limited liability partnerships, contributory trusts, or other permitted forms. Contributory trusts must ensure identifiable beneficiaries and determinable beneficial shares. Legal-form and net-worth requirements applicable to Fund Management Entities do not apply. The fund must maintain a minimum investment of USD 10 million within three years of registration. Additional investment vehicles may be established after prescribed filings and fee payment, with their investments aggregated for the minimum-investment condition. Classification as a Category I, II, or III Alternative Investment Fund depends on investment strategy.
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